51 Main Street, St. Catharines | Image 1
$X,XXX,XXX
For Sale

Added 1 month ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Zoning: C1

  • Age: 31-50 years

  • Taxes: 9092

  • MLS®#: X9412685

  • Days on Site: 32 Days

  • Added: Sep 16, 2024 (1 month ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: KELLER WILLIAMS COMPLETE REALTY

6 cap!! Steps from the beach! Cashflow AND long-term upside potential with this 8 unit apartment building. Some balconies offering water views of the Royal Canadian Henley Regatta. Situated in one of Niagara's most desirable neighborhoods, surrounded by multi-million dollar homes, and just a 5-minute walk to the active Port Dalhousie beach front, where there are volleyball tournaments, boat marina, vendors, concerts, and active night life. With water on 3 sides of this neighborhood, your long-term value will always appreciate. Additionally, benefit from the new instant hot water system installed in 2022. This is the main street which directs traffic to and from the QEW - great for your commercial tenant. Acquire this asset with built-in equity today. Small VTB available at list price. Opportunity to get most funds out through CMHC select loan program. Time to step up. Portfolio defining asset with room for growth and near future value over $2m!! Don't miss this!

Property

  • Status: Sale

  • Property Type: Sale Of Business

  • Property Type: With Property

  • Age: 31-50

  • Area: St. Catharines

  • Community: 438 - Port Dalhousie

  • Availability Date: IMMED

  • Assessment Amount: $555,000

  • Assessment Year: 2016

Building

  • Basement: N

  • Water Supply: Municipal

Fees

  • Tax Year: 2021

  • Tax Legal Description: PT LT 86 TP PL 7 (PORT DALHOUSIE LT 206) GRANTHAM; PT LT 87 TP P

  • Taxes: $9,092

Land

  • Cross Street: Exit Seventh Street,

  • Municipality District: St. Catharines

  • Parcel Number: 461880967

  • Sewer: Sewers

  • Lot Depth: 115 Feet

  • Lot Frontage: 36 Feet

  • Zoning: C1

Additional Media

  • Virtual Tour: https://www.dropbox.com/scl/fo/h4tt619nqovqz9mlm0msy/AAo5g6bzSrb4dAZcpTXmWwg?e=1&preview=51+Main+St+Drone.mp4&rlkey=sjez938o71ov2s40fveaq83v2&st=orat0tft&dl=0

Commercial Specific

  • Retail Area: 500

  • Total Area: 6800

  • Total Area Metric: Sq Ft

  • Area Influence: Public Transit

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